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My Favorite ETF for 2012

With all the volatility individual stocks have seen lately, you may be looking for an alternative investment. We suggest exchange-traded funds (ETFs), which are investment funds that are traded on stock exchanges. ETFs hold assets like stocks, commodities or bonds, making them less risky than most individual stocks. This report contains our favorite ETF for 2012. It's an ETF that has shown to be a steady performer in the past six months, while the stock market has produced not much more than extreme volatility.

The Cabot Wealth Advisory e-letter delivers independent, no-nonsense investment advice, focusing on growth stocks, emerging markets stocks, value stocks and more. You'll learn about hot new stocks and the market timing systems you need to profit from them. We work hard to help you make money! Get it today.

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Top Growth Stocks Lead Market Higher

by on September 07, 2010
The stock market continued higher on Friday with top growth stocks like Chipotle Mexican Grill (CMG) and Home Inns & Hotels Management (HMIN) leading the way, according to Investor’s Business Daily.

The Nasdaq surged 1.5% and reclaimed its 50-day moving average, IBD reported. The S&P 500 and the NYSE composite jumped 1.3% each, while the Dow climbed 1.2%. The indexes closed near the high of their daily range for the third day in a row, a bullish sign.

Chipotle Mexican Grill (CMG), a Cabot Top Ten Weekly stock, popped 7% last week after breaking out of a base on Wednesday, according to IBD. CMG dipped slightly on Friday, but the move could be viewed as positive, as a small loss on declining volume after a big move indicates that institutions are holding their positions.

Home Inns & Hotels Management (HMIN), a Cabot China & Emerging Markets Report stock, soared 10% last week, hitting a new high, IBD reported.

 

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